$9.5bn KSM project in British Columbia boasts reserves of 38m ounces of gold and nearly 10bn pounds of copper – mining 130,000 tonnes a day for 52 years.
According to the legislators, international mining companies —mainly from Australia, Canada and the U.K— are using the forced labour of Eritreans in their operations.
Vancouver-based junior jumps 8.5% after hitting targets for re-start of 100%-owned Caribou zinc-lead-copper-silver-gold mine in New Brunswick, Canada.
The Canadian giant had earlier said it would consider such a move in the event the new tax regime was approbed.
The vote of the full plenary was prompted earlier this month when the EU's environment committee rejected a deal worked out after more than two years of lobbying by Canada.
As part of the agreement, Paramount will spin off its non-Mexican assets into a standalone publicly listed company— Paramount Nevada Gold Corp.
Coal, a major B.C. export, has been suffering from a global oversupply and falling prices. How is that for a reason to fill up your stockings with it? Hmm…
Zebra mussels reproduce quickly and can disrupt the food chain, clog water pipes and create algae.
The Vancouver-based miner said it did not receive the funds wired to pay the tax for "unknown reasons."
Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals has joined the board of Deep Space Industries.
Group delivers message to the province’s environmental protection watchdog on final day of hearings into uranium extraction and exploration.
A joint environmental review is now underway for a controversial underground coal mine proposed for Tumbler Ridge
The Quebec mining company is seeking such compensation for the investments it made in a uranium project before the province blocked it last year from moving to the next stage.
The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector investments.
The Sunrise Phase 1 oil sands project is expected to have initial capacity of 60,000 barrels per day.
It is planning to partially divest itself of its Chinese assets, placing them into a new company listed in China, and partially owned by new Chinese investors.
Hydraulic fracturing, or fracking, is not without its risks, but outright bans are unjustified: Fraser Institute
President Otto Perez Molina has approved a new rule passed by the Congress last week, which rises taxes to transnational miners operating in the country from 1% to 10%.
To a packed crowd in Vancouver yesterday, veteran junior resource analyst John Kaiser gave a presentation hosted by AME BC entitled, Confronting the Potential Extinction of a Canadian Institution.
The miner became the latest company to spin off non-core, underperforming assets.
A study of about 40 explorers budgeting at least US$50 million total shows the larger players allocated a total of US$4.33 billion and accounted for 40% of the US$10.74 billion worldwide exploration total.
In the Monday night episode of “The Colbert Report,” the joke was on Canada’s oil industry. That’s because the featured guest appeared to take a dig at the industry’s long-awaited, long-delayed Keystone XL pipeline project.
A group of First Nations from Williams Lake, B.C., whose territory includes the area devastated by the Mount Polley tailings pond breach has created a detailed mining policy that will apply to existing, proposed and future projects in its territory.
It was not at the end of any rainbow, but two Canadian firms did find their own pot of gold and are turning Northern Ireland in a new mining frontier.
News feeds long-standing hopes of a mine reopening and job generation in the impoverished area.
Ontario and Alberta agree the controversial $12bn Energy East pipeline is a “nation-building” exercise and said they'd work together on the issue.
Get Mining News and Alerts
sent to your inbox daily